# Meeting of 15-16 December 2021

> The ECB's account of its 15-16 December 2021 meeting describes how stock markets fell sharply after the Omicron variant was discovered, with put-option volumes on the EURO STOXX 50 reaching their highest since March 2020. Bond yields had fallen back to summer lows, and oil prices dropped markedly.

- Date: 2022-01-20 · published 2022-01-20T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/43341-meeting-of-15-16-december-2021
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Policy-meeting minutes on Omicron-driven market moves are background for macro sentiment, with limited direct effect on feed commodity prices.

## Read by commodity

- WTI: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2017-03-07 | [7 March 2017 \| Minutes of the Monetary Policy Meeting of the Board \| RBA](https://feedsoft.ai/events/72249-7-march-2017-minutes-of-the-monetary-policy-meeting-of-the-board-rba.md) | -9.6% | -5.5% |
| WTI | 2021-07-29 | [Valero sees favorable refining margins for 2021 as it hikes renewable diesel output \| S&P Global](https://feedsoft.ai/events/46038-valero-sees-favorable-refining-margins-for-2021-as-it-hikes-renewable-diesel.md) | -5.8% | -5.4% |
| WTI | 2021-06-23 | [Ringgit opens higher at 4.1510 despite stronger US dollar \| Malay Mail](https://feedsoft.ai/events/46862-ringgit-opens-higher-at-4-1510-despite-stronger-us-dollar-malay-mail.md) | -0.0% | -3.9% |
| WTI | 2025-03-19 | [US Fed meeting: ⁠How will FOMC meeting impact gold and crude oil prices? \| Stock Market News](https://feedsoft.ai/events/25475-us-fed-meeting-how-will-fomc-meeting-impact-gold-and-crude-oil-prices-stock.md) | +3.0% | -8.5% |
| WTI | 2020-07-19 | [Headwinds for the Malaysian Ringgit Are Only Getting Stronger - Bloomberg](https://feedsoft.ai/events/52372-headwinds-for-the-malaysian-ringgit-are-only-getting-stronger-bloomberg.md) | +1.7% | +3.6% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/accounts/2022/html/ecb.mg220120~7ed187b5b1.en.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.